Blog | Paycron - Part 4

Reducing Friendly Fraud Chargebacks
July 3rd, 2020

Detecting & Reducing Friendly Fraud Chargebacks

A lot of small and high-risk businesses face a lot of payment frauds doled in to them via chargebacks and fraudulent practices. Several businesses out there employ affiliate marketing techniques and often end up losing a lot of their hard earned money in the form of chargeback frauds. Once payment processors start flagging frequent chargebacks […]

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Contactless Payments Technology
June 25th, 2020

Contactless Payments & Their Advantages For Merchants & Consumers

The payments industry has come very far in terms of implementation of disruptive technologies. In the last decade, this progress has been nothing short of extraordinary. With groundbreaking financial technologies and the willingness of merchants to experiment and implement new and more efficient methods of payment, the future looks promising. It is estimated that in […]

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Payments Ecosystem
June 12th, 2020

8 Ways AI Is Transforming The Payments Ecosystem

AI (Artificial Intelligence) is gradually carving its way into the world of payment processing. This is not unforeseen but something that was expected considering the benefits and advantages AI can provide to the payments industry. As a matter of fact, financial service providing companies are estimated to spend $11 Billion on AI in the year […]

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Cash-less Payments
June 5th, 2020

Cashless Payments Are Booming During COVID-19

COVID-19 has created a wide distance between customers and markets. And what do the experts think about it? Well, as far as they see, digital transactions will bloom. If the duration between Lunar New Year and mid of the March is considered, 76% growth growth in cash-less payments is worth appreciating. To maintain cordial bond […]

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Mobile Payments Market
May 31st, 2020

Key Insights Into The Worldwide Mobile Payments Market

The population of the world is over 7.5 billion out of which 5.28 billion people have mobile phones, that’s roughly 68% of the total population and it means that 7 out of 10 people have a phone. We can safely say that mobile phones have penetrated deep into our lifestyles. These little devices are used […]

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Credit Card Swipe Fees
May 21st, 2020

How Will The Credit Card Swipe Fees Hike Affect Businesses?

There are dozens of ways to make payments today, ranging from ewallets, echecks and online wallets to credit/debit cards and online banking. Millions of users use these dozens of payment methods to shop, eat, dine, entertain and travel. However some of these payment methods are more popular than the others. A credit card for one […]

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